This Thermal Inkjet Inks market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Thermal Inkjet Inks market.
Global thermal inkjet inks market: Introduction
Thermal inkjet printers are widely used in the market, due to its multiple applications across the various end user industries. Thermal inkjet inks are used as a printing material in the thermal inkjet printers, they have high adhesion properties, rub resistance, and have excellent sharpness. These features make them suitable to be used for printing barcode, labels, and receipts. Thermal inkjet inks are heated up to 300-degree centigrade. Heating of the ink forms a consistent solution which is expelled out through the nozzle. However, other inks remain at the room temperature, so there is an issue of ink clogging in the printers, which affects the efficiency of printing. Clogging of the inks retards the printing speed and results in wastage of the ink and reduces printing efficiency. The thermal inkjet inks are fade resistant and water resistant so they can stay for the longer period on the substrate as compared to other inks. Key thermal inkjet inks manufacturers are producing UV fluorescing thermal inkjet inks, which are colorless in white lights and fluoresce in black light. These features of thermal inkjet ink are increasing its preference from the printing manufacturers end globally.
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Global thermal inject inks market is driven due to its high application by the packaging industry. Changing lifestyle, and long working hours is increasing consumer’s dependency on packaging food products. The rise in demand for packaging products increases demand for the packaging and printing machines. Thermal inkjet printers have high efficiency, and low cost thus is widely used in the market. The small-scale packaging manufacturers majorly consume thermal inject inks. They use thermal inject inks for printing dates, logos, texts, graphics, and barcodes on the substrates. Thermal inkjet inks have various advantageous feature over other inkjet printers. Also, it is cheaper as compared to other inks, thus widely used for the noncommercial purpose. One of the restraining factor of the thermal inkjet ink market is that inks show incompatibility of some of the substrates. Compatibility of the ink with the substrate leads to the inaccurate depth of printing. Global thermal inkjet inks manufacturer are focusing on developing those thermal inject inks that are compatible on all the substrates, fast dried and provides smear free printing. As, all the operations require high speed, high efficient inks.
Global thermal inkjet inks market: Segmentation
Global thermal inkjet inks market: Regional Overview
Global thermal inkjet inks market is segmented into seven regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific excluding Japan (APeJ) and Japan. Asia Pacific region is estimated to show high growth during the forecast period. The packaging manufacturers majorly consume thermal inkjet inks, and Asia Pacific region packaging market grows at a high pace. Thus, regions thermal inkjet inks market is expected to expand with the high CAGR over the forecast period. North America and Europe region, thermal inkjet inks market is stagnant during the forecast period.
Global thermal inkjet inks market: Key Players
Some of the key players of global thermal inkjet inks market are Videojet Technologies, Inc., HP Development Company, L.P., and Linx Printing Technologies Ltd among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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On the basis of substrate type, global thermal inkjet inks market is segmented into:
- Non porous
On the basis of packaging type, global thermal inkjet inks market is segmented into:
- Pouch & sachets
- Cup & trays
On the basis of end use, global thermal inkjet inks market is segmented into:
- Food & beverage industry
- Consumers goods
- Cosmetics & personal care
- Industrial goods
- Automotive industry
- Electrical & electronics
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint